Melvine's AI Analysis# 68 - Monday.com’s Terrible, Horrible, No Good, Very Bad Monday: What Google’s Algorithm Shift Means for Businesses

On August 11, 2025, Monday.com (NASDAQ: MNDY) announced its Q2 2025 earnings, delivering what appeared to be a stellar performance. Revenue soared to $299 million, up 27% year-over-year, surpassing analyst expectations of $293.5 million.

The company’s dollar-based net retention rate held steady at an impressive 111%, outpacing the median for SaaS companies. Enterprise growth was robust, with a record number of customers paying over $100,000 annually, and Monday CRM hit a milestone of $100 million in annual recurring revenue (ARR).